(measure: index points; Source: The Heritage Foundation)
* indicates monthly or quarterly data series
South Korea: Economic freedom, overall index (0-100)
For that indicator, The Heritage Foundation provides data for South Korea from 1995 to 2019. The average value for South Korea during that period was 70 index points with a minimum of 66 index points in 2005 and a maximum of 74 index points in 2017.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Definition: The Overall index of economic freedom has ten components grouped into four broad categories: Rule of Law; Limited Government; Regulatory Efficiency and
Open Markets. The overall economic freedom is scored on a scale of 0 to 100, where 100 represents the maximum freedom.